Condo Act Revisited
I mentioned this in a previous post, but it bears repeating: the Alberta government is seeking public input on ways the Condominium Property Act can be improved through a survey available until May 2. As was discussed in the Calgary Herald on Tuesday, plenty of people have had less than stellar experiences with condo boards, builders, contractors, and the like (although many, many more have never had a problem with their condo or condo board), and there may be ways the Condominium Property Act can be updated to better reflect current realities. It’s been 13 years since the Act was last revised; in that time, tens of thousands of units have been built and their average price has tripled. Our market’s not the same as it was in Y2K – help the government figure out what’s changed, and make things better for buyers, sellers, and builders alike.
Tags: calgary alberta real estate, calgary condo, Calgary Herald, calgary real estate, condo documents, Condominium Property Act
